Most Popular Compliance Content
Reporting winners to the IRS
09/13/2020
We ran a contest and no prize was over $300. We didn’t need to collect non-public private information from the winners since the prizes were small, did we?
Advertising-more than ECOA, TILA, TISA and Fair Housing
09/13/2020
Is following the standard Regs, B, Z, DD and fair housing going to ensure advertising compliance?
Relationship Manager Liable for Flood Damage?
09/13/2020
Can a relationship manager be personally liable for flood damage?
Lottery Exceptions
09/06/2020
Now that banks can participate in lotteries, can we facilitate raffles unrelated to the bank for local service groups- post lobby posters or sell tickets for or be a sponsor, etc.?
Merchant Services Contract with a Third Party
09/06/2020
We are signing a merchant services contract with a third party. They have a service where the bank can share transactional data of customer accounts to determine if the commercial account it utilizing another card processor. I was under the impression that we did not have to disclose to our customers if we were only sharing commercial account info. Am I correct on this?
